I have read through the MD&A with news release
In the news, it says:
"Since the restart of processing operations, the company has experienced periods of unscheduled plant downtime as it works to resolve processing plant performance issues, testing and further optimisation activities."
Please pay attention to the word "unscheduled".
In the MD&A, it says:
"At the date hereof, the process plant restart procedure is currently underway and includes scheduled periods of plant downtime to allow for performance testing and further optimisation activities..."
Please pay attention to the word "scheduled".
I don't know there is much difference between these two words, but my understanding is "unscheduled" means "out of control" and "scheduled" means "under control". I am right?
In MD&A, it says:
"The reagent dosing systems of the detoxification circuit were also redesigned by MMSA and the optimisation of reagent consumption including copper sulphate and sodium metabisulfite within the circuit is ongoing following the restart of the process plant in July 2016."
From my understanding, they have solved all the issues including "detoxification circuit" issue and fininshed preventive construction for the purpose of "effluent overflow".
For the continuous 60 days running, I am optimistic about the production. In July, AUE has produced 3500 ounces of gold, if there is no downtime of production, production for August and september should be around 15000 ounces of gold. We need to wait one month or so and will get the true situation of production in New Liberty.
Good luck to everyone.